Carta vs Juniper Square
A side-by-side comparison of Carta and Juniper Square — two options for cap table & equity. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity
Fund Admin & Back Office
Rating
4.5 / 5
4.3 / 5
Pricing
Custom / Tiered
Custom / Quote
Best for
GPs standardizing equity records and fund admin in one place
Funds wanting admin and IR under one roof
Key features
- Cap table management and share issuance
- 409A valuations
- Option grants, exercises and employee portals
- Fund administration with LP portal
- Scenario and waterfall modeling
- Full-service fund administration
- Investor portal with capital account statements
- Fundraising pipeline and subscription workflows
- Capital calls and distribution processing
- Treasury and banking integrations
Pros
- Network effect: your portcos are likely already on it
- Clean investor view of stakes across the portfolio
- Fund admin plus cap table in one vendor relationship
- Software-plus-services model keeps data in one place
- Institutional-grade LP experience out of the box
- Strong reputation for responsive service teams
Cons
- Pricing has climbed steadily with market position
- Support quality varies with plan tier
- Venture-specific workflows are newer than its real estate core
- Priced above lean startup-stack administrators